Busengdal AS
Score · fiscal year 2025
40of 100
How to read this: the company is ahead of 27 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 1,281 of 1,765 · What are Morning company classes?
Place in the whole sector: 14,139 of 20,428 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 43 and solidity 22 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
Busengdal AS is 10 points below the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 1,764 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 4.2% (median 4.5%) and equity ratio 18.7% (median 30.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 344 MNOK | 91 MNOK |
| Operating margin | 4.2% | 4.5% |
| Profit margin | −0.6% | 4.5% |
| Return on assets | 8.0% | 11.4% |
| Equity ratio | 18.7% | 30.4% |
| Debt-to-equity | 4.36 | 2.23 |
| Current ratio | 1.37 | 1.38 |
| Revenue growth | 11.8% | 6.8% |
| Revenue per employee | 1.66 MNOK | 2.53 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 40, Busengdal AS does better than 27% of companies in the Morning class Medium in the same sector (1,765 companies) in 2025.
Score 2023–2025
- Busengdal AS
- Median: companies in the Morning class Medium in the same sector
Busengdal AS has a score of 40 for 2025, rank 14,139 of 20,428 in the sector.
Strongest: Growth: percentile 58 against peers, revenue growth 11.8% against a median of 6.8%.
Weakest: Solidity: percentile 22 against peers, equity ratio 18.7% against a median of 30.4%. Consistency: percentile 35 against peers.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −0.6% (median 4.5%).
- What lies behind weak solidity, and will it last?
- What lies behind weak consistency, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
Busengdal AS had an operating margin of 4.2% and an equity ratio of 18.7% in 2025, and ranks 14,139 of 20,428 in Bygg og anlegg.
From 2024 to 2025: the operating margin rose from −0.2% to 4.2% and revenue grew by 12%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 34 MNOK and 119 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | 119 MNOK |
| P/B | 1.0 | 34 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −0.6% (median 4.5%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 11.3% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 43 | weight 30% |
|---|---|---|
| Solidity | 22 | weight 25% |
| Liquidity | 49 | weight 15% |
| Growth | 58 | weight 15% |
| Consistency | 35 | weight 15% |
Durability: 36 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Busengdal AS?
The operating margin was 4.2% in 2025, against a median of 4.5% among companies in the Morning class Medium in the same sector. Return on assets was 8.0%. The company made a loss before tax.
How solid is Busengdal AS?
The equity ratio was 18.7% in 2025 (median 30.4%). Debt-to-equity was 4.36 (median 2.23).
What is the liquidity of Busengdal AS like?
The current ratio was 1.37 in 2025 (median 1.38).
How does Busengdal AS compare in Bygg og anlegg?
Busengdal AS ranks 14,139 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Medium it is number 1,281 of 1,765. Revenue changed by 11.8% from the year before.
Public contracts
- Contracts awarded since 2024
- 5
- in 4 notices (lots counted separately)
- Total awarded value since 2024
- 114.9 MNOK
- 1 contracts without a stated value are not in the total.
- Framework agreements
- 2
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 17 October 2025 | Statens vegvesen | E39 Veibustkrysset | 77.8 MNOK |
| 17 September 2025 | Ålesund kommune v/ Vatn og Avløp | E74 Landledninger Langevågen-Stafsetneset - Kongshaugen avløpsreinseanlegg (overføringsanlegget) | 37.1 MNOK |
| 24 October 2024 | Ålesund kommune v/Vatn og Avløp | Ålesund kommune - Entreprise E71 - Ledninger og veger | value not stated |
| 1 July 2024 | Statens vegvesen | Rammeavtale: Mindre vegarbeid område midt 2024-2025 | 57.5 MNOK (framework) (2 lots) |
| 28 April 2023 | Ålesundregionens Havnevesen | Anskaffelse - Infrastruktur på Flatholmen Nord | 94.9 MNOK |
| 3 October 2022 | Statens vegvesen | E136 Breivika - Lerstad - Forberedende entreprise Breivika | 33.3 MNOK |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 935426243
- Legal form
- AS
- Sector
- Bygg og anlegg (43.120)
- Morning company class
- Medium
- Employees
- 207 registered 10 October 2026
- Founded
- 10 May 1984 42 years in operation
- Share capital
- 5.10 MNOK
- Business address
- Moseøyane 82, 6250 STORDAL (FJORD)
- Municipality
- Fjord rank 2 of 28 in KOSTRA group 6
- Latest accounts filed
- 2025
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
- Chief executive
- Rolf-Anders Håberg
- Chair of the board
- Runar Paulsen
- Board member
- Erling Kjartan Busengdal
- Board member
- Monica Busengdal
- Board member
- Malene Fløtre Busengdal
- Board member
- Bjørn Olav Busengdal
- Auditor
- Moa Revisjon AS
- Accountant
- Admento AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 31 | 35 | 40 | |
| Rank | 13,977 | 14,681 | 14,139 | |
| Operating margin | 1.0% | −0.2% | 4.2% | |
| Return on assets | 2.3% | 1.5% | 8.0% | |
| Equity ratio | 20.3% | 24.2% | 18.7% | |
| Current ratio | 1.41 | 1.74 | 1.37 | |
| Revenue growth | – | −6.2% | 11.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 327.5 MNOK | 307.3 MNOK | 343.6 MNOK |
| Operating profit | 3.4 MNOK | −0.6 MNOK | 14.5 MNOK |
| Profit before tax | 0.2 MNOK | −2.9 MNOK | −2.0 MNOK |
| Net profit | 0.4 MNOK | −2.3 MNOK | −4.0 MNOK |
| Financial expenses | 4.4 MNOK | 5.3 MNOK | 16.7 MNOK |
| Total assets | 199.5 MNOK | 158.0 MNOK | 182.0 MNOK |
| Current assets | 98.5 MNOK | 62.3 MNOK | 99.3 MNOK |
| Equity | 40.6 MNOK | 38.3 MNOK | 34.0 MNOK |
| Retained earnings | 34.0 MNOK | 31.7 MNOK | 27.4 MNOK |
| Total liabilities | 158.9 MNOK | 119.7 MNOK | 148.1 MNOK |
| Current liabilities | 70.0 MNOK | 35.8 MNOK | 72.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7149423.
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